ABA: California Banker Elected as Chair of ABA’s Community Bankers Council
The American Bankers Association has elected Jon Sisk as chair of ABA’s Community Bankers Council for the 2025-2026 association year. Sisk is executive vice president and chief banking officer of West Coast Community Bank. “Jon Sisk brings a deep understanding of community banking and a strong commitment to industry leadership,” said Rob Nichols, ABA president…
ABA: Trailblazers in Agricultural Banking Honored with Bruning and Blanchfield Awards
Recipients will be recognized for their leadership and contributions to ag lending at the 2025 ABA Agricultural Bankers Conference The American Bankers Association today announced the recipients of its highly regarded Bruning and Blanchfield Awards, the association’s premier awards presented annually for significant contributions to agricultural banking. ABA will honor Kathy Daily, managing director of…
White House: Office of Federal Procurement Policy and SBA Reinforce Small Business Participation in Federal Contracting
Today, the Office of Management and Budget’s Office of Federal Procurement Policy and other members of the FAR Council, in close consultation with the Small Business Administration (SBA), released streamlined regulatory coverage on small business contracting. Small businesses are the cornerstone of the U.S. economy. The nation’s 34 million small businesses now account for well…
Treasury: Readout and Recording from the Financial Literacy and Education Commission September 2025 Public Meeting on Payment Fraud Now Available
Yesterday, the U.S. Department of the Treasury hosted a convening of the Financial Literacy and Education Commission (FLEC) focused on federal efforts to combat payment fraud and implement Executive Order 14247, Modernizing Payments To and From America’s Bank Account, which mandates the transition to the use of electronic payments for federal disbursements and receipts beginning on…
FHFA: U.S. Federal Housing Completes Withdrawal from International “Greening the Financial System” Network
U.S. Federal Housing has formalized its withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) in a letter to the Chair of NGFS. “Biden drove housing costs up with politicized nonsense that prioritized climate activists over American families,” said U.S. Federal Housing Director William J. Pulte. “Consistent with President…
ICBA: ICBA Urges FDIC to Reject Applications Under Industrial Loan Company Loophole to Prevent Risks to Consumers
The Independent Community Bankers of America (ICBA) today told the Federal Deposit Insurance Corporation (FDIC) that it has a statutory duty to reject the applications of industrial loan companies (ILCs) that pose undue risks to the Deposit Insurance Fund and that fail to serve the convenience and needs of their communities. In a comment letter responding to…
SBA: Loan Fees Waived for Small Manufacturers in Fiscal Year 2026
One-Year Waiver Incentivizes Return to Industrial Dominance Today, in support of the Trump Administration’s broader effort to rebuild American industrial dominance, the U.S. Small Business Administration (SBA) announced that it would waive most upfront fees for small manufacturers in fiscal year 2026. With the fee burden reduced, the SBA will empower more small manufacturers (NAICS 31-33) with…
OCC: Agency Announces Updates to Organizational Structure
The Office of the Comptroller of the Currency (OCC) today announced a new organizational framework for bank supervision and updates to the structure of its Office of the Chief National Bank Examiner. Effective October 1, three distinct lines of business will replace the Bank Supervision and Examination group: Large and Global Financial Institutions, Regional and…
ABA: ABA Testifies Before House Subcommittee on Escalating Fraud Threats
Today, Paul Benda, executive vice president of risk, fraud and cybersecurity at the American Bankers Association, will testify before the House Financial Services Subcommittee on Oversight and Investigations during a hearing focused on fraud and the threat it poses to American families. In his prepared testimony, Benda highlighted the alarming rise in financial fraud targeting American…
HUD: Secretary Turner Hosts Tribal Intergovernmental Advisory Committee and Announces National Tribal Housing Summit
The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner recently hosted HUD’s Tribal Intergovernmental Advisory Committee (TIAC) meeting at HUD’s headquarters. The convening included Tribal leaders from across the nation who make up HUD’s TIAC. “Since day one, I have stated my commitment to make Tribal communities a priority here at HUD….